Wajax Layoffs 2026: Job Cuts & Severance Pay

Wajax confirmed on November 2, 2026, that it reduced its Canadian workforce during the third quarter, recording $4.1 million in restructuring costs primarily related to severance and separation benefits. The layoffs took place between July and September 2026.

The Canadian industrial equipment and services company hasn’t disclosed how many employees lost their jobs or which locations were affected. The reductions follow earlier workforce cuts in 2024 and 2025.

Laid off by Wajax? Your first severance offer isn’t necessarily everything you’re owed. Non-unionized employees in Ontario, Alberta and BC can receive up to 24 months’ compensation when terminated without cause.

Latest Wajax Layoffs: What Happened In 2026?

Wajax confirmed workforce reductions in its November 2, 2026, financial results. The company said the job cuts were part of a regular review of its cost structure.

• July–September 2026: Wajax implemented workforce reductions during its third quarter.
• November 2, 2026: The company disclosed $4.1 million in restructuring and related costs, primarily severance and separation benefits.
• Number of layoffs: Wajax hasn’t disclosed how many employees were terminated.
• Locations affected: No province-by-province or facility-specific breakdown has been published.

The reductions came as Wajax reported third-quarter revenue of $477.8 million, down 1.1% from the same period in 2025. The company also reported lower profit margins, although its order backlog increased.

The layoffs and restructuring expenses were confirmed in Wajax’s November 2 financial results.

The $4.1 million figure is not a confirmed total of severance paid directly to employees. It represents restructuring and related costs, primarily associated with severance and separation benefits.

Is Wajax Planning More Layoffs In 2027?

On October 8, 2026, Wajax announced its 2027 Strategy Roadmap, which includes organizational changes intended to improve accountability, control costs and strengthen operations.

The strategy includes changes to leadership responsibilities and investments in employee training, recruitment and digital capabilities.

Wajax hasn’t confirmed another round of layoffs tied to the 2027 strategy. The planned organizational changes should not be confused with additional announced job cuts.

Read the company’s October 8 strategy announcement.

Previous Wajax Layoffs In Canada

The latest reductions follow several years of restructuring at Wajax.

• 2026: Wajax recorded $4.1 million in restructuring costs during the third quarter, primarily related to workforce reductions.
• 2025: The company reduced its workforce in response to economic conditions and recognized approximately $8.2 million in annual restructuring and separation costs, including executive separation benefits.
• 2024: Wajax implemented workforce reductions and recorded approximately $5.8 million in costs primarily associated with severance.

Wajax disclosed the earlier costs in its 2025 financial results and 2025 annual report.

The company has not disclosed a comprehensive employee layoff count for these reductions.

How Much Severance Does Wajax Owe Canadian Employees?

Non-unionized Wajax employees terminated without cause in Ontario, Alberta and British Columbia can receive up to 24 months’ compensation.

What you’re owed depends on your age, years of service, position, compensation and employment contract—not simply Wajax’s standard severance policy.

This includes mechanics, service technicians, engineers, sales representatives, warehouse employees, supervisors, managers and corporate staff.

Long-serving employees can be owed substantially more than the minimum amounts required under employment standards legislation.

Get an initial estimate using our free Severance Pay Calculator.

Does Wajax Severance Include Bonuses, Commissions And Benefits?

Your salary is only part of your compensation. A proper severance package can include other payments and benefits you would have received during your employment.

Depending on your position and compensation arrangements, that can include:

• Bonuses: Outstanding and expected performance payments.
• Sales commissions: Earned commissions and incentive compensation.
• Benefits: Health and dental coverage and other employment benefits.
• Pension contributions: Compensation connected to your retirement arrangements.
• Stock awards: Equity-based compensation, where applicable.

Don’t assess your Wajax severance package by salary alone.

What If Wajax Changes Your Position Instead Of Laying You Off?

A company restructuring doesn’t always begin with a termination letter.

If Wajax significantly cuts your pay, reduces your hours, demotes you or substantially changes your responsibilities, you don’t automatically have to accept those changes.

They can amount to constructive dismissal, allowing you to pursue severance.

Don’t resign or agree to major changes without understanding your rights.

Does Wajax Have To Pay Severance During Restructuring?

Yes. Restructuring, declining revenue and cost-cutting don’t eliminate an employer’s severance obligations.

If Wajax eliminates your position and terminates your employment without cause, you’re owed proper compensation.

The same applies when your individual position is eliminated outside a larger round of layoffs.

The reason your job disappears doesn’t erase your severance rights.

What Should Wajax Employees Do Before Signing?

1. Keep your documents. Save your termination letter, employment agreement and severance offer.
2. Check your total compensation. Include bonuses, commissions, benefits and pension-related compensation.
3. Have your package reviewed. Understand what you’re owed before signing a release.

Having your severance reviewed doesn’t mean taking Wajax to court. We resolve the vast majority of severance disputes through negotiation.

Samfiru Tumarkin LLP represents non-unionized employees in Ontario, Alberta and British Columbia. Our employment lawyers help technicians, industrial workers, sales professionals, managers and other employees get what they’re owed.

Wajax Layoffs And Severance: Common Questions

Did Wajax Lay Off Employees In 2026?

Yes. Wajax confirmed in its November 2, 2026, financial results that it reduced its workforce during the third quarter, between July and September.

How Many Wajax Employees Were Laid Off?

Wajax hasn’t disclosed how many employees lost their jobs in its 2026 restructuring or which Canadian locations were affected.

How Much Did Wajax Spend On Severance In 2026?

Wajax reported approximately $4.1 million in third-quarter restructuring and related costs, primarily severance and separation benefits. The full amount shouldn’t be interpreted as direct severance payments to employees.

Is Wajax Planning More Layoffs In 2027?

Wajax announced organizational changes as part of its 2027 Strategy Roadmap, but it hasn’t confirmed another round of layoffs resulting from that plan.

Can Wajax Employees Receive 24 Months’ Severance?

Yes. Non-unionized employees terminated without cause in Ontario, Alberta and BC can receive up to 24 months’ compensation, depending on their circumstances and employment agreement.

What If I’m A Unionized Wajax Employee?

Unionized employees should contact their union representative about layoff rights, severance, seniority and grievance deadlines under their collective agreement.

This article does not suggest wrongdoing by Wajax Corporation. Samfiru Tumarkin LLP is independent of Wajax.

Disclaimer: This article provides general employment law information, not legal advice about an individual case. Wajax’s restructuring announcements do not establish that the company has violated any employee’s rights.